1234 Templecliff
Dallas, TX 75217
- 30 beds
- 25 baths
- 17,340 sqft
- ~1 acre lot
- $184 per sqft
- 1961 build
- – on site
Onyx Legacy Group is pleased to present Templecliff Apartments, a well-positioned multifamily asset in the heart of Dallas, Texas. This exceptional property offers an outstanding value-add opportunity for investors looking to acquire a stabilized asset with strong cash flow and significant upside potential. Built in 1961, Templecliff Apartments features 26 well-maintained units, providing a compelling combination of historical occupancy strength and room for revenue growth through strategic renovations and operational efficiencies. Nestled in a thriving submarket, Templecliff Apartments benefits from proximity to major employment centers, retail destinations, and sought-after entertainment venues, making it an attractive choice for tenants seeking affordability and convenience. With the continued growth of the Dallas-Fort Worth metro area, this property presents a unique chance to capitalize on rising rental demand while implementing thoughtful enhancements to boost long-term investment returns. The Dallas-Fort Worth metroplex continues to experience robust population growth, driving increased demand for quality rental housing. Recent economic developments, including major corporate relocations and infrastructure investments, have strengthened the local job market, attracting a diverse and expanding workforce. Large employers in the area include AT&T, Southwest Airlines, Bank of America, and the University of Texas Southwestern Medical Center, all contributing to a thriving business environment. Templecliff Apartments' location provides investors with a prime opportunity to benefit from this sustained expansion and the region’s strong rental market fundamentals. Additionally, the area's revitalization efforts and the planned mixed-use developments nearby are expected to further enhance property values and rental demand in the coming years.
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Last updated Mar 12, 2025
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MLS# 20868372 —
The Building
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Year Built:1961
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Year Built Details:Preowned
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Accessibility Features:Accessible Entrance
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Accessibility Features:Yes
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Roof:Flat
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Foundation Details:Slab
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Levels:Two
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Construction Materials:Brick
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Building Area Total:17340.00
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Building Area Source:Assessor
Interior
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Interior Features:Other
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Flooring:Vinyl
Location
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Directions:GPS
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Latitude:32.73355000
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Longitude:-96.70382800
The Property
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Property Type:Residential Income
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Property Subtype:Apartment
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Parcel Number:6244000004003006244000
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Lot Size SqFt:52272.0000
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Lot Size Acres:1.2000
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Lot Size Area:1.2000
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Lot Size Units:Acres
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# of Buildings:2
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms Total:30
Baths
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Total Baths:25.00
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Total Baths:25
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Full Baths:25
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20868372
Heating & Cooling
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Heating:Central
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Cooling:Window Unit(s)
Utilities
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Utilities:City Sewer, City Water
Appliances
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Appliances:None
Schools
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School District:Dallas ISD
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Elementary School:Ireland
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Elementary School Name:Ireland
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Middle School Name:Hood
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High School Name:Samuell
The Community
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Subdivision Name:Pleasant Wood
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Pool:No
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Association Type:None
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Complex Name:Templecliff Apartments
Parking
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# of Parking Spaces:53
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Parking Features:Asphalt, Assigned, Electric Gate
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/11/25
Mar 11, 2025
|
Listed / Active | NTREIS | $3,200,000 |
